Category: Blockchain

AI bias: how blockchain can ensure its safety

Blockchain technology can combat bias in AI systems through decentralized, transparent smart contracts, but challenges like scalability, interoperability, and regulatory compliance need to be addressed. As artificial intelligence (AI) becomes increasingly integrated into our daily lives, concerns about bias within AI systems have garnered significant attention. Bias in AI refers to the systematic errors or inaccuracies in decision-making processes, often resulting from the unconscious prejudices of its developers or the data used to train the algorithms. Addressing bias in AI is crucial to ensuring fairness, equity, and safety across various…

Mystic Moose and WowWee Join Forces To Create Planet Mojo Toys Connected to Blockchain – Blockchain News, Opinion, TV and Jobs

Boston, United States, April 11th, 2024, Chainwire Leading Web3 gaming ecosystem teaming up with globally recognized toy company, renowned for bringing beloved game characters to life. Planet Mojo, a leading web3 gaming ecosystem, and WowWee, an award winning global toy company with such hits as Fingerlings and Robosapien, today announced a collaboration to create toys and products around Planet Mojo’s IP, characters and lore. The toys will bring the physical and virtual worlds together by connecting the real world toys with Planet Mojo’s in-game Digital Collectibles (NFTs). At its heart,…

A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers. To tackle the scalability issues that blockchain networks are facing, A16z Crypto, the investment company Andreessen Horowitz’s cryptocurrency-focused branch, has unveiled Jolt, a zero-knowledge solution known as zkVM. This creative technique integrates SNARKs (Succinct Non-Interactive Arguments of Knowledge) in an effort to expedite and simplify blockchain scaling procedures. What is zkVM (Jolt)? Jolt is a revolutionary approach to virtual machine construction validated using SNARKs. It offers…

Half of Solana Blockchain Pre-Sales Are Scams, Crypto Security Firm Blockaid Says

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Game-Changing Telegram Trading Bot, Bitbot Reaches $2M Mark in Presale – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, April 10th, 2024, Chainwire Mere weeks after hitting seven figures, Bitbot has continued its presale success, now with over $2.1 million in the bag, 80k Twitter/X followers, and over 27k in its Telegram community. For the Bitbot team, familiar with the market landscape and confident in their compelling product offering, this level of engagement and support comes as no surprise. Bitbot (BITBOT) is available to buy on the official site. Back in October, the Telegram trading bot market had under 10k daily active users. However, it has…

Permissionless Capital Invites Web3 Startups to Apply for Its Competition – Blockchain News, Opinion, TV and Jobs

Tel Aviv, Israel, April 10th, 2024, Chainwire Web3 platform for startups, Permissionless Capital has invited web3 startups to apply for its Permissionless Opportunities Event. The program will provide eligible web3 startups with access to the resources they need to successfully build out their concept and bring their product to market. Permissionless Opportunities provides outstanding web3 startups with the tools, funds, and connections to navigate the blockchain industry and launch their product. Applications for the Permissionless event can be made in just 90 seconds, with no fees or pitches required. Dozens…

Solana (SOL) Validators Approve “Timely Vote Credits” Proposal to Accelerate Blockchain Transactions

Solana validators have approved a proposal called “Timely Vote Credits” to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism. Solana (SOL) validators have voted in favor of a proposal called “Timely Vote Credits” that aims to reduce the latency of consensus votes, potentially accelerating blockchain transactions. This proposal introduces a mechanism to incentivize validators to make timely votes, addressing an issue where some validators delay their votes to maximize earnings without penalty. Currently, Solana validators receive a fixed one-vote credit for…

dWallet Network brings multi-chain DeFi to Sui, featuring native Bitcoin and Ethereum – Blockchain News, Opinion, TV and Jobs

Dubai, UAE, April 9th, 2024, Chainwire dWallet Network, a trailblazer in decentralized, native multi-chain technology, and Mysten Labs, a Web3 infrastructure company and the original contributor to Sui, announced their strategic partnership, focusing on the introduction of multi-chain interoperability into the DeFi ecosystem on Sui, the groundbreaking Layer 1 and smart contract platform. With the integration of the dWallet primitive, applications built on Sui can sign transactions on Bitcoin and Ethereum, opening up new cross-chain experiences on Sui.  Sui is renowned for its secure, high-throughput, and low-latency blockchain capabilities, utilizing…

Solana Leads in Blockchain Payments, Faces Limitations, as Stablecoin Market Expands: Bernstein

Solana is conducting pilots with Visa and Shopify, but it’s unclear whether the blockchain can break into more mainstream consumer and business-to-business payments, which would require a massive jump in scalability, the note said. “Scalability requirements for consumer payments would require 15-20 fold growth from here (Solana ~700 TPS versus 10K+ for payment networks), and general purpose blockchains are yet to cross that chasm,” the report added. Read more: Stablecoin USDC Is Making a Comeback: Coinbase Source link

The AI-Based Smart Contract Audit Firm “Bunzz Audit” Has Officially Launched – Blockchain News, Opinion, TV and Jobs

Singapore, Singapre, April 9th, 2024, Chainwire Comprehensive security checks are now possible at only 10% of the traditional cost The price and report creation is 10 times faster and cheaper than traditional firms This firm optimized for projects that “want to audit contracts but have limited budgets” or “wish to conduct an initial audit during the development stage” Bunzz, a Singapore-based web3×AI tech startup launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from over 100 perspectives using…